Malaysia’s former PM Najib Razak loses final bid to review graft conviction

Najib Razak became the first Malaysian premier to be imprisoned after Malaysia’s Federal Court upheld a guilty verdict and 12-year prison sentence handed down to him by a lower court. (AP)
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Updated 31 March 2023
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Malaysia’s former PM Najib Razak loses final bid to review graft conviction

  • Former leader convicted over the multi-billion-dollar scandal at state fund 1MDB
  • Some $4.5 billion was stolen from 1MDB and more than $1 billion went to accounts linked to Najib

KUALA LUMPUR: Malaysia’s top court on Friday dismissed a bid by jailed former prime minister Najib Razak to review his corruption conviction over the multi-billion-dollar scandal at state fund 1MDB, ending Najib’s judicial efforts to challenge the guilty verdict.
Najib became the first Malaysian premier to be imprisoned after Malaysia’s Federal Court upheld a guilty verdict and 12-year prison sentence handed down to him by a lower court.
Najib, 69, can no longer challenge the conviction in court, but he has applied for a royal pardon which if successful could see him released without serving the full 12-year term.
Federal Court Judge Vernon Ong said a five-member panel voted 4-1 to dismiss Najib’s application to review the conviction.
There was no miscarriage of justice in the top court’s decision last year, he said, adding that a review was granted only in “very limited and exceptional circumstances.”
“In the final analysis, and having regard to all circumstances, we are constrained to say that the applicant (Najib) was the author of his own misfortunes,” Ong said.
Najib’s lawyer Shafee Abdullah said there was a possibility of another action in court due to the dissenting view of one judge.
“As a result of the minority judgment, there is an avenue that is open,” Shafee told reporters. He declined to say what action his client would pursue.
US and Malaysian investigators have said some $4.5 billion was stolen from 1Malaysia Development Berhad (1MDB) — co-founded by Najib during his first year as prime minister in 2009 — and that more than $1 billion went to accounts linked to Najib.
Various recipients of the siphoned 1MDB funds used the money to buy luxury assets and real estate, a Picasso painting, a private jet, a superyacht, hotels, jewelry and to finance the 2013 Hollywood film “The Wolf of Wall Street,” investigators have said.
Najib suppressed Malaysian investigations of the wide-ranging 1MDB scandal during his leadership even as global probes continued, but was charged after he lost a general election in 2018.
The British-educated son of Malay nobility held the premiership from 2009 to 2018, when public anger over the graft scandal brought election defeat.
He was found guilty by a high court in 2020 of criminal breach of trust, abuse of power and money laundering for illegally receiving about $10 million from SRC International, a former unit of 1MDB. He lost all his appeals.
Najib faces three other trials related to graft at 1MDB and other government agencies.
The former premier has consistently pleaded not guilty to all the charges against him.


Germany to order strike drones worth 536 million euros

Updated 6 sec ago
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Germany to order strike drones worth 536 million euros

BERLIN: The German government plans to order strike drones worth 536 ​million euros ($638 million) from German startups Helsing and Stark Defense, part of a rearmament push after Russia’s attack on Ukraine.
The contracts for ‌loitering munitions — ‌drones that ‌hover over ⁠a ​potential ‌strike area before flying into targets — are part of a larger framework deal worth 4.3 billion euros.
The contracts, outlined in documents ⁠seen by Reuters, are widely ‌expected to be ‍rubber-stamped by ‍the lower house of parliament’s ‍budget committee. They were first reported by Spiegel magazine.
The drones are initially intended ​to support Germany’s 45th Tank Brigade, which is deployed ⁠in Lithuania.
According to the documents, the contracts with the two companies are to have a term of seven years. The initial batch is scheduled to be delivered by early 2027.
($1 = 0.8399 euros)